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Institutional Investment Manager
BANC FUNDS CO LLC
BANC FUNDS CO LLC (CIK: 0001029311) incorporated in Illinois, located at 150 S. Wacker Drive, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 287 holdings with a total value of $1,810,546,000.
#
Name
Shares
Value ($)
%
Options
Notes
251 CAMBRIDGE BANCORP 271,844 13,606,000 0.75%
252 UNION BANKSHARES CORP NEW COM 515,351 13,796,000 0.76%
253 CENTRAL VALLEY CMNTY BANCORP 882,895 14,003,000 0.77%
254 HERITAGE OAKS BANCORP COM 1,793,348 14,705,000 0.81%
255 NATIONAL BANK 631,460 14,757,000 0.82%
256 SOUTHERN FIRST 555,627 15,324,000 0.85%
257 SOUTHEASTERN BANK FINANCIAL CO 289,988 15,514,000 0.86%
258 Heritage Commerce Corp 1,436,157 15,712,000 0.87%
259 CODORUS VY BANCORP INC 723,686 15,834,000 0.87%
260 WATERSTONE FINL INC MD 943,769 16,035,000 0.89%
261 First Bus Finl Svcs Inc Wis 685,728 16,115,000 0.89%
262 AMERICAN HOMES 4 RENT CL A 777,800 16,832,000 0.93%
263 QCR HOLDINGS INC 534,628 16,969,000 0.94%
264 HERITAGE FINL CORP WASH COM 964,731 17,317,000 0.96%
265 BSB BANCORP INC MD 744,124 17,435,000 0.96%
266 STONEGATE BK FT LAUDERDALE F 582,346 19,654,000 1.09%
267 FIRST MERCHANTS CORP COM 769,326 20,579,000 1.14%
268 CAPITAL BANK 654,224 21,007,000 1.16%
269 OLD SECOND BANCORP INC ILL 2,565,882 21,322,000 1.18%
270 SOUTHWEST BANCORP INC OKLA COM 1,128,428 21,429,000 1.18%
271 MB FINL INC 588,021 22,368,000 1.24%
272 LAKELAND BANCORP INC COM 1,609,554 22,598,000 1.25%
273 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 1,775,163 22,775,000 1.26%
274 CoBiz Financial Inc 1,804,666 24,020,000 1.33%
275 PACIFIC CONTINENTAL CORP 1,467,129 24,677,000 1.36%
276 Park Sterling Corp 3,079,994 25,010,000 1.38%
277 CU BANCORP CALIF 1,149,947 26,230,000 1.45%
278 FIDELITY SOUTHERN CORP 1,460,697 26,862,000 1.48%
279 CENTERSTATE BANKS COMMON STK USD0.01 1,556,329 27,594,000 1.52%
280 FIRST MIDWEST BANCORP DEL COM 1,556,540 30,135,000 1.66%
281 PEAPACK-GLADSTONE FINL CORP 1,413,787 31,683,000 1.75%
282 TRISTATE CAP HLDGS INC COM 2,049,946 33,107,000 1.83%
283 SANDY SPRING BANCORP INC COM 1,106,067 33,824,000 1.87%
284 SUFFOLK BANCORP COM 1,050,163 36,514,000 2.02%
285 Mercantile Bank Corp 1,465,635 39,352,000 2.17%
286 STATE BK FINL CORP COM 1,774,045 40,484,000 2.24%
287 Enterprise Finl Svcs Corp 1,504,028 47,001,000 2.60%
Page 6 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-086730, filed 2016.11.15).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.